After costs, if the gap returns to its 7d average, $10k−$73
spread now+0.011%7d average0.000%fees + slippage, in and out−$74spread needed0.740%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni BZUSDT | 96.450 | 0.0100 | pay 0.0013% / 1h | 5m 18s | $25K | $271K | 50x |
| Short | Kraken Futures PF_BRENTOILUSD | 96.461 | 0.0085 | get 0.0011% / 1h | 5m 18s | $81K | $293K | 20x |
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $1.14
- Funding while held
- −$0.45
- Slippage, 4 orders
- −$54
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$73.3
- Spread needed to break even
- 0.740%
Slippage from ApeX Omni: live order book, 28 min ago; Kraken Futures: live order book, 29 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0015%
- Per $10,000 a day
- −$0.45
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 28 min ago | 8.83 bp | 20.0 bp −$20 | 200.1 bp −$2,001 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 29 min ago | 7.22 bp | 20.1 bp −$20 | 38.9 bp −$389 | doesn't fit | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective86.610cheapest
Coinbase International96.180+11.050%HTX96.310+11.200%KuCoin96.370+11.269%Gate96.380+11.280%BloFin96.380+11.280%edgeX96.381+11.281%Ondo Perps96.390+11.292%Aftermath Perps96.398+11.301%Variational Omni96.408+11.313%Phemex96.410+11.315%OKX96.420+11.327%GMX96.425+11.332%Bybit96.430+11.338%Aster96.434+11.343%Binance96.435+11.344%SunX96.440+11.350%RISEx96.444+11.355%
Injective
Coinbase International
HTX
KuCoin
Gate
BloFin
Ondo Perps
Variational Omni
Phemex
OKX
GMX
Bybit
Aster
Binance
SunX
RISExApeX Omni96.450+11.361%
Paradex96.451+11.362%Lighter96.460+11.373%Bitget96.460+11.373%
Paradex
Lighter
BitgetKraken Futures96.461+11.374%
Deribit96.470+11.384%Polymarket Perps96.475+11.390%tradeXYZ96.476+11.391%Extended96.479+11.395%Hotstuff96.480+11.396%gTrade (Gains Network)97.183+12.208%Vest100.52+16.061%
Deribit
Polymarket Perps
tradeXYZ
Extended
Hotstuff
gTrade (Gains Network)
VestBZ on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −10.202% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.280% | −0.0040% | 1h | $230K | $839K | 15x | as long as short |
| HTX BRENTOIL-USDT | −0.145% | 0.0000% | 4h | $284K | $163K | 75x | as long as short |
| KuCoin BZUSDTM | −0.083% | +0.0100% | 4h | $3.8M | $950K | 50x | as long as short |
| Gate BZ_USDT | −0.073% | 0.0000% | 8h | $9.2M | $18.7M | 100x | as long as short |
| BloFin BZ-USDT | −0.073% | +0.0029% | 4h | $1.5M | $96K | 50x | as long as short |
| edgeX BZUSDC | −0.072% | +0.0008% | 4h | $220K | $235K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | −0.062% | +0.0050% | 1h | $3.1M | $1.1M | 15x | as long as short |
| Aftermath Perps BRENTUSD | −0.054% | +0.0072% | 1h | $6K | $48K | 5x | as long as short |
| Variational Omni BZ | −0.043% | 0.0000% | 4h | $9.6M | $11.6M | — | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex XBRUSDT | −0.041% | 0.0000% | 4h | $1.2M | $100K | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.031% | 0.0000% | 4h | $15.9M | $30.3M | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.026% | L +0.0012% / S +0.0049% | 1h | $35K | — | 111x | as long as short |
| Bybit BZUSDT | −0.021% | 0.0000% | 8h | $10.4M | $16.6M | 100x | as long as short |
| Aster BZUSDT | −0.016% | 0.0000% | 4h | $334K | $1.7M | 50x | as long as short |
| Binance BZUSDT | −0.015% | 0.0000% | 4h | $144.9M | $466.9M | 100x | as long as short |
| SunX BRENTOIL-USDT | −0.010% | 0.0000% | 4h | $4K | $2.6M | 20x | as long as short |
| RISEx BZ/USDC | −0.006% | 0.0000% | 1h | $2.1M | $1.2M | 20x | as long as short |
| ApeX Omni BZUSDTlong | 0.000% | +0.0100% | 1h | $25K | $271K | 50x | |
| Paradex BZ-USD-PERP | +0.001% | +0.0049% | 8h | $3K | $473 | 5x | as long as short |
| Lighter BRENTOIL | +0.010% | +0.0032% | 1h | $3.3M | $4.4M | 20x | as long as short |
| Bitget BZUSDT | +0.010% | 0.0000% | 4h | $27.8M | $23.0M | 100x | as long as short |
| Kraken Futures PF_BRENTOILUSDshort | +0.011% | +0.0085% | 1h | $81K | $293K | 20x | |
| Deribit BRENTOIL_USDC-PERPETUAL | +0.021% | 0.0000% | 1h | $103K | $279K | 15x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.026% | +0.0050% | 1h | $1.5M | $550K | 20x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.027% | +0.0050% | 1h | $150.3M | $143.9M | 20x | as long as short |
| Extended XBR-USD | +0.030% | +0.0032% | 1h | $674K | $5.2M | 10x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.031% | +0.0104% | 1h | $33K | — | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.760% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.220% | +0.0046% | 1h | — | $653K | 10x | as long as short |